Tuesday, June 14, 2005 11:28:41 PM
otc in general...so, ya got two choices-get all dismal, and totally disgusted, walk away and never trade em again, or, recognize the over the counter market for what it is, and trade to make money....what attracted me to magic box. i knew these bounces and runs were there, i caught a few lucky rides a few times...left me dazed and wondering what brought it on...just right place at the right time., i figured..take it and be glad. and afterwards..they went nowhere. the links in the i-box are a shortcut to a lot of this stuff. just go to the link and snoop around those boards awhile...excellent charts, ideas, and stocks to add to watchlists. but the critical thing here is proof..of a way to improve your chances of making money...do the math, you may have to buy more shares than you are accustomed to, but 10 to 30 cents gain is the same in all markets, you just have to be more focused on # of shares, target price, and need to exit if you reach your goal. this trade setup seems to have 6-10 days in it, the first three days leading to confirmation of williams(9) crossing 50. i can vouch for williams (10) from my experiences, with ult osc crossing 50 at same time. not going to explain that, but williams (9) crossing up through 50 is a pretty good confirmation with other indicators you trust. two sample stocks: take a look at them seriously, one off of lower bband(and a month following +)(plni), and the second, cyos, about three weeks/ ...i'm putting adx5 and aroon8-1st two days, off lower bband. i'm using bb(21) and 10 ma. 10ma crossing up through 21ma, is pretty bullish, in this case 21ma is center line(median) of 21bbands. just take the symbols and put your own time frame..1 month, 3 months, candles, ohlc bars,.. whatever..myself, i prefer linear charts. most charts i see from posters are candle charts, so these will be just that. make money..bottom line! good trading..bk
<img src=
>
<img src=
>
enjoy, hope this post helps you gain..lol.
ps..i spent a few weeks wondering about volume, is this caused by shorts covering..etc, i suggest just go by this set up and don't get too bogged down with other stuff...but you'll find insights to this stuff on those other boards, just ask!
<img src=
<img src=
enjoy, hope this post helps you gain..lol.
ps..i spent a few weeks wondering about volume, is this caused by shorts covering..etc, i suggest just go by this set up and don't get too bogged down with other stuff...but you'll find insights to this stuff on those other boards, just ask!
thanks kenG \O/ -bullkat
Join the InvestorsHub Community
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
